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L&T bags Rs.3,115 cr order for construction of Ganga bridge

L&T bags Rs.3,115 cr order for construction of Ganga bridge

PTI | January 20, 2016 6:18 am

Larsen & Toubro (L&T) on Wednesday said its Korean joint venture (JV) firm has bagged Rs.3,115 crore order for construction of a new Ganga bridge in Bihar.

"The heavy civil infrastructure business of L&T construction, along with its JV partner Daewoo E&C of South Korea has won a major order worth Rs.3,115 crore from the Bihar State Road Development Corporation (BSDCL)," the engineering and construction major said in a BSE filing.

L&T said the order is for design and construction of greenfield six lane extra-dosed cable bridge over river Ganga near Kachchi Dargah in Patna on NH-30, near Bidupur in district Vaishali on NH-103.

"This is a significant win in the heavy civil infrastructure space and we hope that this is a sign for many such projects involving vital infrastructure that are in the offing to materialise," L&T Deputy MD S N Subrahmanyan said.

Shares of the company were trading at Rs.1089.00 apiece, down 3 per cent from their previous close on the BSE.